Acacia Communications Reports Fourth Quarter and Full Year 2017 Results
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Needham & Company Downgrades Acacia Communications (ACIA) to Hold; 'Too Many Concerns'
February 23, 2018 7:30 AM ESTNeedham & Company downgraded Acacia Communications (NASDAQ: ACIA) from Buy to Hold.
Analyst Alex Henderson commented, "We should have acted more aggressively on our concerns, as Acacia's 4Q'17 results came in well below our low-on-the-Street forecast. We have three primary concerns: 1) Acacia's... More
Acacia Communications (ACIA) Tops Q4 EPS by 2c; Guides Well Below the Street
February 22, 2018 4:12 PM ESTAcacia Communications (NASDAQ: ACIA) reported Q4 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $86.6 million versus the consensus estimate of $88.42 million.
GUIDANCE:
Acacia Communications sees Q1 2018 EPS of $0.01-$0.10, versus the consensus of $0.28.... More
